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| 07-11 | Mib up slightly, focus is on political news | AN |
| 07-10 | Mib rises to 34,300 area; TIM and Saipem on top | AN |
MILAN (Reuters) - The Bank of Italy said on Monday it had met with the top management of Banca Monte dei Paschi di Siena and its main foundation shareholder to discuss prospects for a rapid capital increase at the bank.
"The meeting took place in a constructive climate," the Bank of Italy said in a statement.
Loss-making Monte dei Paschi, which received 4.1 billion euros of state aid last year after being hit by the sovereign debt crisis and a derivatives scandal, is looking to raise 3 billion euros in fresh capital.
The foundation forced the bank last year to delay the cash call until mid-2014 to gain more time to sell down its stake in the bank to pay back debts.
(Reporting by Stephen Jewkes)
| 1st Jan change | Capi. | |
|---|---|---|
| +24.41% | 325B | |
| +16.49% | 276B | |
| +17.29% | 192B | |
| +20.86% | 184B | |
| +18.79% | 177B | |
| +4.45% | 159B | |
| +13.07% | 157B | |
| +18.69% | 150B | |
| -5.10% | 148B |
BANCA MONTE DEI PASCHI DI SIENA SPA 
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